Lawsuit settlement funding buyouts for
accident claims and injury lawsuits
Red Fox Lawsuit Funding is one of the few remaining lawsuit funding companies in the U.S. specializing in easy approval lawsuit funding buyouts for accident victims and personal injury plaintiffs who previously received loans on their pending lawsuit settlements.
If you already got an accident loan, pre-settlement funding, or lawsuit cash advance from another lawsuit funding company, and you desperately need to get an additional lawsuit advance to stay afloat financially, we are here to help you.
No one in the legal funding industry knows more about buying out prior lawsuit loans than us. We specialize in giving accident victims and plaintiffs second and even third cash advance lawsuit funding!
If you need a legal funding buyout today, all you have to do is fill out the online application on this page. The application should not take you more than 4 minutes to complete.
What is a lawsuit funding buyout?
A lawsuit funding buyout is the way in which an injury victim receives another lawsuit advancement against his / her lawsuit, but this time around from a different lawsuit funding company.
If you have already borrowed money from your lawsuit, and you now want to borrow money from a different lawsuit funding company, you will need a "buy-out" in order to work with the new funding company.
Why do I need a buy-out?
Because of the terms and conditions of the funding agreement you previously signed when you took out the lawsuit loan and because of standard industry practices, a plaintiff cannot have lawsuit funding out with more than one company at a given time.
When you take out a lawsuit advance against your pending case, that company gets a " funding lien" on that case.
A funding lien is legal right granted by a plaintiff and acquired by a lawsuit funding company. The lien serves to guarantee that in the event of a settlement, verdict, or award, the lawsuit advance will be paid back with a pre-determined usage fee from the proceeds of the money recovered by the attorney.
When you are approved for lawsuit loan buyout, the "new" pre-settlement funding company will payoff the "old" funding company the loan amount you currently owe them and assume the rights of the funding lien.
How the lawsuit funding buyout program works:
Getting another lawsuit cash advance or additional funding is risk-free lending for injured accident victims and lawsuit plaintiffs. That's because lawsuit funding for plaintiffs is a non-recourse legal funding.
Non-recourse funding is a cash advance that's secured by a pledge of collateral or property (the pending lawsuit), which the borrower is not personally liable. That means if you do not win or settle your case, you are not personally responsible or obligated to pay back the additional funding lawsuit cash advance.
Our legal funding program has saved thousands of accident victims from low-ball insurance settlements, eviction, ruined credit, vehicle repossession, phone service disconnection, harassing calls from bill collectors, utility shut-off, and foreclosure proceedings.
Advantages of lawsuit funding buyout from Red Fox:
Red Fox offers lawsuit cash advances for a wide variety of different injury claims.
From motor vehicle accident lawsuits to wrongful death claims, we have the experience and resources to help you get you a second round of additional lawsuit funding today, before you get the money from your expected settlement.
The cases referenced below are eligible for pre settlement funding buyouts:
We have evaluated thousands of claims nationwide. The following are some of the more common injury cases that qualify for additional lawsuit funding:
Lawsuit funding: State by State
We are proud of the fact that we have provided financial assistance to injury victims nationwide. As a national lawsuit funding company, Red Fox can help individuals involved in pending lawsuits across America.
We currently provide personal injury lawsuit funding to people with pending third party lawsuits & negligence cases in following states:
To get started now, please fill out the online funding application on this webpage.
Please complete the form below for a FREE, no obligation lawsuit funding evaluation by Red Fox
East Coast Office Location
Red Fox Lawsuit Funding
276 Fifth Avenue
New York, NY 10001